FraudTalk is a blog focused on the review and discussion of recent significant cases of fraud, corruption and employee misconduct - particularly major embezzlement cases in the US. Fraud Talk is published by Chris Marquet, Chairman & CEO of Marquet International Ltd., an international investigations, litigation support and due diligence firm.

Tuesday, February 7, 2012

Tennessee Man Sentenced For Embezzling $1.2 Million From Contractor

Rickey L. Bright, 55, of Knoxville, Tennessee, has been sentenced to 37 months in prison for embezzling nearly $1.2 million from Shoffner Mechanical, Industrial & Service Co. Inc., an HVAC contractor, where he had been employed as a project manager. According to authorities, beginning in April 2005, Bright conspired with an unidentified commercial products supply company to defraud the company in a classic vendor-kickback scheme. Assistant U.S. Attorney Charles Atchley Jr. is reported to have said, "Bright submitted false purchase orders to the supply company owner for supplies that were not required to complete projects that he managed. The supply company owner would submit false invoices, which Bright approved and submitted for repayment." The supply company owner, who has not yet been criminally charged on the federal level, has been identified as Robert L. Greeley Jr. Bright reportedly spent some of the ill-gotten gains to support his lifestyle.

About the Author - Chris Marquet

Chris Marquet is Chairman & CEO of Marquet International, a boutique investigations, business intelligence and litigation support firm he founded in 2006, based in the Boston area. Chris has over 30 years of professional experience in industry with Marquet International and prior stints with Kroll Associates, Citigate Global Intelligence and Decision Strategies/Vance International.
Chris is the author of many articles and white papers, including the annual Marquet Report on Embezzlement as well as the Marquet Report on Ponzi Schemes. He has lectured extensively on subjects relating to employee misconduct; due diligence; business intelligence, internal investigations, fraud, employee integrity, workplace violence, kidnapping, terrorism, crisis management and travel security.
Chris is a Certified Board Advisor and Board Member for the Center for Strategic Business Integrity. He received an A.B. degree from Dartmouth College in 1983, with a triple major in Physics, Economics, and Philosophy.
He can be reached at chris@marquetinternational.com